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News watch Sept 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.

New Mercedes CLA photos & new Mercedes 4MATIC 4WD – UPDATED

We have the first official photos of the new Mercedes CLA and news of a new Mercedes 4MATIC 4WD system for Mercedes’ smaller cars. The new Mercedes CLA – the baby CLS based on the new A Class and previewed by the Mercedes Concept Style Coupe we saw at the Beijing Motor Show - will arrive at the Detroit Auto Show in January (and be followed by the CLA 45 AMG at Frankfurt in Autumn 2013), and will come with a new Mercedes 4MATIC four wheel drive system. To herald the arrival of the new CLA and the new 4MATIC system, Mercedes has released details of the new 4MATIC system and sent us the first official photos of the production CLA – albeit with the usual swirly black and white camouflage – to illustrate where their new 4WD system will arrive.

See why Ford is celebrating

Nearly 1.4 million F-series trucks, Escapes and Fusions helped make Ford Motor Co. the industry's biggest market-share gainer in 2013 as the company turned in one of the most profitable years in its history. Ford added almost half a point of U.S.